low base metal prices

yeah I guess looking at it that way it does seem strange but copper isn't a precious metal and there's lots of it,
most of what's been mined is still out there and can cycle for thousands of years.
knock down a sky scraper and you get back the copper, steel, alloy ect, build a new one today with less.
we will aventually be wireless completely, no need for as much copper, i've done about 300 tv's that would of went into landfill,
that's copper going back into circulation that otherwise wouldn't of.



when silver goes to $400oz and gold $8000oz copper will still be under $5lb
the forums will be inundated with the sad and sorry stories of scrappers that sold their cpu's and ram for beer money,
the hoarders will be posting up pic's of their giant cpu stacks and will be the envy of all, the refiners will be gobsmacked at the
knowledge that all them gold fingers they refined and sold for wads of US$ only to find the US$ is no longer worth anything,
they will end up picking up vacuum cleaners again and the smart scrappers that held their cpu's will rule the world.

right now im leaning to the gold scrap hoarding paying off more in the long run than copper, industrial demand for copper has been declining years pex piping and like you said fiber and wireless tech is taking over, i see demand for aluminum to go up as they put more of it into cars to cut weight